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|||Page|
|---|---|---|
|Charity Reference and Administrative|Details||
|Trustees
Annual
Report||3-7|
|Independent
Examiner's
Report|||
|Statement
of Financial Activities|||
|Balance Sheet||10|
|Notes to the Financial Statements||11-18|
|Appendix
1 —Grants Paid to Institutions||19|
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|Charity Registration|Charity Registration|Number|269363||
|---|---|---|---|---|
|Trustees|||MICHAEL G WALKER||
||||FRANK HANDSCOMBE
BEM||
||||DAVID WHEATON
MA (OXON)||
||||NICHOLAS
BALL||
||||COUN C GALE||
||||ANDREW W A VODDEN MBE||
||||THOMAS 8 WHITE||
||||ROBERT C MUNRO||
||||DR REUBEN AYRES D.M, F.R.C.P.||
||||MARTIN F ELLIOTT F.C.P.A.||
|Chairman|||NICHOLAS
BALL||
|Treasurer|||MARTIN ELUOTT F.C.Pit.||
|Registered|Office||PROVINCIAL GRAND LODGE|OF DEVONSHIRE|
||||UNIT 7, HARRIER COURT, EXETER, EXS2DR||
|Independent|Examiner||PEPLOWS LIMITED,||
||||CHARTERED ACCOUNTANTS|AND REGISTERED AUDITORS|
||||MOORGATE HOUSE, KING STREET, NEWTON ABBOT||
||||TQ12 2LG||
|Solidtors|||VEITCH PENNY SOLICITORS||
||||1,MANOR COURT, DIX'5 FIELD, EXETER EX11UP||
|Bankers|||CAF BANK LTD.||
||||25, KINGS HILL AVENUE, KINGS HILL, WEST MALLING,||
||||KENT. ME194JQ||
||||NATWEST||
||||59, HIGH STREET,||
||||EXETER, EX43DL||
|Investment|Managers||BREWIN DOLPHIN SECURITIES LTD||
||||VANTAGE POINT, WOODWATER
PARK,||
||||EXETER EX25 FD||
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|The format ofthe financial|statements|statements|complies with the accounting|complies with the accounting|complies with the accounting|complies with the accounting|requirement|requirement|ofthe Charities|ofthe Charities|Act 2011|
|---|---|---|---|---|---|---|---|---|---|---|---|
|and with the Statement
of|Recommended|||Practice|"Accounting
and||Reporting|by|Charities".|The|financial|
|statements
and the accounting
policies|||thus|comply|with all ofthe|current statutory|||requirements||and with|
|the governing
document.||||||||||||
||||||2021||||2020|||
|||||||f||||6||
|The total Investment
Income of||the||||||||||
|Charity (net of||||||||||||
|fund manager'
s||||||||||||
|fees) was:-|||||115,913||||112,052|||
|The continuing
generosity|ofthe Brethren|||||||||||
|ofthe Province
is shown|by the|level||||||||||
|ofthe donations
(gifts) received,||||||||||||
|which was||||||||||||
||||||3,690||||1,427|||
|Management
and administrative||expenses||||||||||
|were:-|||||3,588||||3,723|||
|The market value ofthe investments|||held|at the||||||||
|end ofthe year was:—|||||5,632,937||||5,145,082|||
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|||||Unrestricted|Endowment|Total||Total|
|---|---|---|---|---|---|---|---|---|
|||||Funds|Funds|Funds||Funds|
||||||||E|E|
||||||||2021|2020|
|income and|Endowments|From:|||||||
||||Note||||||
|0onatlons
and Legacies|||2|44,179|120||44,299|1,427|
|Investments|||3|67,453|48,460||115,913|141,294|
|Total Income|and Endowments|||111,632|48,580||160,212|142,721|
|Expenditure|On:||||||||
|Charitable
Activities|||5|22,290|24,140||46,430|40,640|
|Other||||21,541|15,479||37,020|32,965|
|Total Expenditure||||43,831|39,619||83,450|73,605|
|Net Income/(Expenditure)|||||||||
|before other|recognised|||67,801|8,961||76,762|69,116|
|gains/losses|||||||||
|Net Gain/
Loss on investments||||371,121|266,654||637,775|172,455|
|Net|||||||||
|Income/Oefklt||||438,922|275,615||714,537|241,571|
|Reconcllladon
ofFunds:|||||||||
|Total Funds|Brought Forward||12|3,296,528|2,364,767||5,661,295|5,419,724|
|Total Funds|Carried Forward||12|3,735,450|2,640,382|||5,661,295|
##
||||2021|2020|
|---|---|---|---|---|
|Fixed Assets|||||
|Investments|||5,632,937|5,145,082|
||||5,632,937|5,145,082|
|Current Assets|||||
|Debtors|||||
|Cash at Bank|and In hand||742,895|516,213|
||||742,895|516,213|
|Creditors:
Falling due within one year|||||
|Net Current|||||
|Assets|||742,895|516,213|
|Net Assets|||||
||||6,375,832|5,661,295|
|Charity Funds|||||
|Endowment|Funds||||
|Permanent|Endowment||2,561,427|2,308,632|
|Expendable|Endowment||78,955|56,135|
|Unrestricted|||||
|Funds|||3,735,450|3,296,528|
|||12|6,375,832|5,661,295|
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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||||6|f|
|Gifts||||||3,690|1,427|
|Legacies||||||40489||
|||||||44 179|1427|
|Note 3|Income from Investments|||||||
|||||||2021|2020|
|||||||f|f|
|Dividends||—equities||||115,867|140,989|
|Interest|—deposits|||||46|305|
|||||||115913|141294|
|Note 4|Investment||management||costs|||
|||||||2021|2020|
|||||||6|f|
|Investment||management||fees||3
432|29 242|
##
|||Grant|Grant|Funding||Support Costs|Support Costs|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||||||2021f|2020
f|
|Collection and distribution||||||||||
|ofcharitable
donations||||46430||||46 43|40 640|
|There are no support costs||directly attributable|||to the|grant funding.||||
|Note 6|Allocation ofsupport costs|||||||||
|Support|costs
Basis|ofAllocation|||Raising|Governance||Tote I|Total|
||||||Funds|||2021|2020|
||||||f||f|f|f|
|Finance||Full||||122||122|60|
|Office Costs||Full||||340||340|274|
|Other (Insurance)||Full||||149||149|149|
|Total|||||||611|6 1|483|
|Note 7|Governance
Costs|||||||2021
f|2020
f|
|Examiner's
Remuneration||(Including|expenses)|||||2,977|3,240|
|Support|costs (from note 6above)|||||||6~11||
|||||||||3 588|3 72B|
|Note 8|Analysis ofGrants|||||||||
|||Grants to Institutions|||Grants to Individuals|||Total|Total|
|||||f||f||2021|2020|
|||||||||f|f|
|Collection
and distribution||||||||||
|Of donations||||43390||3|040|46430|40 640|
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|||||||Usted Investments|Usted Investments|
|---|---|---|---|---|---|---|---|
||||||||f|
|Valuation|at|1January 2021||||5)145,082||
|Additions||||||1,307,757||
|Disposals||||||(1,457,677)||
|Revaluation||||||~637|775|
|Valuation|at|31December 2021||||5 632|937|
|Investments||at fair value:||||||
||||||2021|2020||
||||||E|f||
|Equities|||||3,996,452|3,598,382||
|Securities|||||1,332,941|1,195,994||
|Property|within the managed||investment|portfolio|170,278|140,399||
|Other|||||133.266|210307||
||||||5 632937|5145082||
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|ear e|nded 31~December 2021|nded 31~December 2021|||
|---|---|---|---|---|
|Note|13 Analysis ofnet assets between funds||||
|||Unrestricted|Endowment||
|||Funds|Funds|Total|
|||E||E|
|Fixed|assets Investments|3,071,510|2,561,427|5,632,937|
|Cash|and current investments|663,940|78,955|742,895|
|||3,735,450|2,640,382|6,375,832|
|Note 14|Finandal
Instruments||||||
|---|---|---|---|---|---|---|
||||||2021||
||||||E||
|Flnandal|Assets||||||
|Measured|at fair value through|net expenditure:|||||
|Fixed|asset listed Investment||(note 11)||5,632,937|5,145,082|
|Net gains|and (losses) on investments|||held at fair value were|637,775|172,455|
##
|Provincial
Grand Lodge of Devonshire
Benevolent
Fund
Appendix 1tothe Financial Statements
Year ended 31"December 2021|Provincial
Grand Lodge of Devonshire
Benevolent
Fund
Appendix 1tothe Financial Statements
Year ended 31"December 2021|Provincial
Grand Lodge of Devonshire
Benevolent
Fund
Appendix 1tothe Financial Statements
Year ended 31"December 2021|Provincial
Grand Lodge of Devonshire
Benevolent
Fund
Appendix 1tothe Financial Statements
Year ended 31"December 2021||
|---|---|---|---|---|
|Donation &Name ofCharity or Local Organisatlon|||||
|Chemohero||||830|
|Memory Matters Foundation||||830|
|Plymouth
& District Bowel Cancer|Support|Group||830|
|Widows Assistance||||1,040|
|The Daisy Garland||||830|
|Neuron
Disease Association||||830|
|Children's
Hospice South West||||830|
|Force Exeter||||830|
|Southernhay
Child Contact Centre||||830|
|Mary Magdalen
Church||||500|
|South Molton Judo Club||||500|
|South Molton Town Band||||500|
|South Molton Martial Arts||||500|
|The Deaf Academy
Exmouth||||2,500|
|Personal Assistance||||500|
|Personal Assistance||||500|
|Devon Community
Foundation||||7,500|
|Simon Wills co-ordlnator for Indian|Children's||Charity|1,250|
|Newton &Noss Village
Hall||||750|
|StAndrew
Methodist
Church Torquay||||750|
|Appledore
Book Festival||||750|
|Everything
Okehampton||||750|
|South Molten Town Band||||1,000|
|Topsham
Museum||||750|
|Meadowslde
Newton
Abbot||||750|
|Centre Stage Youth Group||||1,000|
|East Devon Support Group for Parkinsons||Disease||1,000|
|Personal Assistance||||1,000|
|Edwin Davis Memorial
Community|Interest|||1,000|
|Plymouth
Food Bank||||1,000|
|EDBF(Pipe up)||||1,000|
|4e Crediton
Brownies||||1,000|
|Erne Valley Riding for the Disabled||||1,000|
|Tavlstock Heritage Trust
1"Holsworthy
Scout Group||||1,000
1,000|
|Sense Devon Group||||1,000|
|Highground||||1,000|
|Wlnklelgh
War Memorial||||1,000|
|Mary Magdalen
Church||||1,000|
|South Molton Judo Club||||1,000|
|South Molton Martial Arts Club||||1,000|
|Barnstaple
Junior Rugby Club||||1,000|
|South Molton Junior Football Club||||1,000|
|Wlnkleigh
War Memorial||||1000|